com:20090617:RnsQ0374U
                                                                                                                       .
RNS Number : 0374U  
  
Christie Group PLC  
  
17 June 2009  
  
For immediate release          
  
             17th June 2009  
  
Christie Group plc  
  
Results of Annual General Meeting ("AGM") and AGM Statement  
  
Christie Group plc ('Christie' or the 'Group'), the leading provider of 
professional business services and stock & inventory systems & services to the 
Leisure, Retail and Care markets, announces that at its 2009 AGM, which was held 
at 10.00 a.m. today, all resolutions put to shareholders were duly passed.  
  
At today's AGM, Philip Gwyn, Chairman of Christie Group, made the following 
trading update:  
  
"During the first half of this year, transaction levels in our Professional 
Services division have stabilised at levels last seen by us in the early 1990s. 
As business values have fallen over the last year, so too have those commission 
based earnings determined by the transaction value. The present trading 
environment remains extremely difficult.  
  
"There are early signs of some pick-up in the residential property market. 
Activity in the market for smaller property based businesses normally follows 
subject to an approximate six month delay.  
  
"Our Bank Recovery and Support unit is increasingly busy and we are confident 
that our advisory activities will generate further transactional work in the 
periods ahead.  
  
"Our Stock and Inventory Services businesses continue to win new business in 
both the Retail and Hospitality sectors. Whilst existing customer requirements 
have been subdued due to reduced activity in their markets, with a larger 
customer base, the Christie Group has scope for a strong uplift in demand for 
its services as it benefits from increases in its clients' business volumes.  
  
"The Board is mindful of ongoing market uncertainty and has therefore further 
reduced the Group's cost base for the second half.  
  
"The Group remains free of net debt."  
  
Enquiries:  
  
David Rugg        020 7227 0707  
  
Chief Executive   
  
Christie Group plc  
  
Philip Davies         020 7149 6000  
  
Charles Stanley Securities  
  
Tom Cooper        0797 122 1972  
  
Winningtons  
  
Notes to Editors:  
  
Christie Group plc (CTG.L), quoted on AIM, is a leading professional business 
services group with 37 offices across the UK, Europe and Canada, catering to its 
specialist markets in the Leisure, Retail and Care sectors.  
  
Christie Group operates in two complementary business divisions: Professional 
Business Services (PBS) and Stock & Inventory Systems & Services (SISS). These 
divisions trade under the brand names: PBS - Christie + Co and Pinders: SISS - 
Orridge, Venners and Vennersys.  
  
Tracing its origins back to 1846, the Group has a long established reputation 
for offering essential services to client companies in agency, valuation 
services, investment, consultancy, project management, multi-functional trading 
systems and online ticketing services, stock audit and inventory management. The 
diversity of these services provides a natural balance to the Group's core 
agency business.  
  
For more information, please go to www.christiegroup.com.  
  
 
This information is provided by RNS  
  
The company news service from the London Stock Exchange  
  
  END  
  
AGMUBRRRKURNAAR